EUR/CHF - 1H - Technical analysis published on 08/28/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
78%
11%
11%
My opinion
Bullish above 1.0883 CHF
My targets
1.0899 CHF (+0.06%)
1.0911 CHF (+0.17%)
My analysis
EUR/CHF is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.0883 CHF. The next resistance located at 1.0899 CHF is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.0911 CHF. After this resistance, buyers could then target 1.0928 CHF. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EUR/CHF rating 1.0893 CHF. The price has increased by +0.12% since the last closing with the lowest point at 1.0878 CHF and the highest point at 1.0899 CHF. The deviation from the price is +0.14% for the low point and -0.06% for the high point.1.0878
1.0899
1.0893
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EUR/CHF:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this EUR/CHF chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 1 hour
In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.0847 | 1.0858 | 1.0883 | 1.0893 | 1.0899 | 1.0911 | 1.0928 |
| Change (%) | -0.42% | -0.32% | -0.09% | - | +0.06% | +0.17% | +0.32% |
| Change | -0.0046 | -0.0035 | -0.0010 | - | +0.0006 | +0.0018 | +0.0035 |
| Level | Major | Minor | Minor | - | Intermediate | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0794 | 1.0826 | 1.0853 | 1.0885 | 1.0912 | 1.0944 | 1.0971 |
| Camarilla | 1.0864 | 1.0869 | 1.0875 | 1.0880 | 1.0885 | 1.0891 | 1.0896 |
| Woodie | 1.0792 | 1.0825 | 1.0851 | 1.0884 | 1.0910 | 1.0943 | 1.0969 |
| Fibonacci | 1.0826 | 1.0849 | 1.0863 | 1.0885 | 1.0908 | 1.0922 | 1.0944 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0742 | 1.0794 | 1.0825 | 1.0877 | 1.0908 | 1.0960 | 1.0991 |
| Camarilla | 1.0834 | 1.0842 | 1.0849 | 1.0857 | 1.0865 | 1.0872 | 1.0880 |
| Woodie | 1.0733 | 1.0789 | 1.0816 | 1.0872 | 1.0899 | 1.0955 | 1.0982 |
| Fibonacci | 1.0794 | 1.0825 | 1.0845 | 1.0877 | 1.0908 | 1.0928 | 1.0960 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.0712 | 1.0837 | 1.0922 | 1.1047 | 1.1132 | 1.1257 | 1.1342 |
| Camarilla | 1.0949 | 1.0969 | 1.0988 | 1.1007 | 1.1026 | 1.1046 | 1.1065 |
| Woodie | 1.0692 | 1.0827 | 1.0902 | 1.1037 | 1.1112 | 1.1247 | 1.1322 |
| Fibonacci | 1.0837 | 1.0917 | 1.0967 | 1.1047 | 1.1127 | 1.1177 | 1.1257 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.35 | |
| MACD (12,26,9): | 0.0003 | |
| Directional Movement: | 10.2275 | |
| AROON (14): | 92.8571 | |
| DEMA (21): | 1.0890 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.0899 | |
| Elder Ray (13): | 0.0009 | |
| Super Trend (3,10): | 1.0870 | |
| Zig ZAG (10): | 1.0897 | |
| VORTEX (21): | 1.0404 | |
| Stochastique (14,3,5): | 86.59 | |
| TEMA (21): | 1.0892 | |
| Williams %R (14): | -19.05 | |
| Chande Momentum Oscillator (20): | 0.0014 | |
| Repulse (5,40,3): | 0.0530 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0036 | |
| Courbe Coppock: | 0.03 |
| MA7: | 1.0878 | |
| MA20: | 1.0890 | |
| MA50: | 1.1005 | |
| MA100: | 1.1151 | |
| MAexp7: | 1.0890 | |
| MAexp20: | 1.0886 | |
| MAexp50: | 1.0882 | |
| MAexp100: | 1.0881 | |
| Price / MA7: | +0.14% | |
| Price / MA20: | +0.03% | |
| Price / MA50: | -1.02% | |
| Price / MA100: | -2.31% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.06% | |
| Price / MAexp50: | +0.10% | |
| Price / MAexp100: | +0.11% |
News
Don"t forget to follow the news on EUR/CHF. At the time of publication of this analysis, the latest news was as follows:
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Quick EURUSD EURCHF 07 25 2019
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As France, Italy, ECB and Other Euro Risks Rise, Watch EURCHF
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Weekly Technical Analysis: 29/05/2018 - USDJPY, EURUSD, GBPUSD, EURCHF
This member declared not having a position on this financial instrument or a related financial instrument.
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